The trick here is to start small , build your confidence and then grow your portfolio .
2
Education is Key
Seek out the best education opportunities . These could be through online books , real estate investing apps and online courses and academies like EDPF Property Academy . Real Estate Investor hosts topical webinars that consist of information about investments in the real estate sector for first time and veteran investors , this is your time to take advantage of such opportunities .
3
Network
Network with like-minded property investors , developers , and property practitioners . Not only will this be a great source of deals but will also expose you to potential equity partners and funders .
4
Prepare Yourself for a New Mindset Learn to have patience , faith , passion and get ready for hard work , tough times , tough decisions , and sometimes great sacrifice .
5
Build a Competent Team
You will need someone who has walked the road before you so that you don ’ t make unnecessary mistakes . You will need a mentor , accountant , tax consultant , lawyer , estate agents and bond originator .
SA Real Estate Investor Magazine FEBRUARY 2021 23